Options
Choose Your Plan
Home Care Only Plan — Pays
for the services provided to you while you are living in your home.
Life Care Plan — Pays for covered services
at home, and if it is deemed necessary, also covers an assisted living facility
or a nursing home.
Choose Your Options
Elimination Period
Similar to the deductible expense on an insurance policy, you choose when
you want the plan to become active. Select a zero-day elimination period,
and your paid benefits begin on the first day you need care. Choose up to a 365-day
elimination period and reduce the cost of your plan.
Here’s the key: Even if you choose an elimination period, you are
still entitled to all the benefits and care offered under the plan. The difference
is that you must pay for those services directly until the plan kicks in.
At the end of your one-time elimination period, the cost
for your care is covered for as long as you are a member. Many members are
willing to accept the relative out-of-pocket risk of this arrangement in
exchange for lower annual payments.
Daily Benefits
Select the level of daily benefits you would like covered in your plan in
increments from $75 to $250 per day.
Minimum Benefit Period
Select the length of time benefits are payable: two, three, four, or five
years, or a lifetime of care. Any unused benefits remain in your account
and can be applied later.
Example
Daily
Benefit |
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Benefit Period |
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$150 |
x
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365 days
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=
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$54,750
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x
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4 years |
=
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$219,000
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In this example, if you had care expenses that amounted to $100 per
day, the unused daily benefit of $50 would accrue in your account.
Therefore, you would actually have protection for 2,190 days, or six
years. |
Inflation Protection
Choose from 0 percent, 5-percent simple (20 years) or 5-percent compound
(lifetime) inflation protection to cover the escalating costs of care over
time.
Estate Reimbursement
Select this plan option, and payment for any unused benefits is returned
to your estate at the time of your death.
Easy Payment Terms
Pay for your plan in easy monthly, quarterly, or semiannual installments, or
in one annual payment. Members with preferred health status, as determined during the application
process, and household memberships qualify for a 20-percent discount. Healthy
couples can save more than 40 percent in combined discounts!
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For More Information
Contact us for answers to your questions or to schedule a meeting with one of our Plan Counselors with no cost or obligation.
In Pennsylvania: 215-628-8964
In Delaware: 302-426-1510
To download a copy of our latest brochure, click here.
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